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| 5.1 |  | **Title and Registration**. Title to the Aircraft shall remain vested in Lessor at all times
during the Term to the exclusion of Lessee and that Lessor shall have only such rights as
shall be specifically set forth herein. Lessor represents that as of the date of this
Agreement the Aircraft is, and throughout the Term the Aircraft shall remain, lawfully
registered as a civil aircraft of the United States. |
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| 5.2 |  | **Use and Operation**. Except as otherwise expressly provided herein, Lessee shall be solely and
exclusively responsible for the use, operation and control of the Aircraft while in its
possession during the Term of this Agreement. Lessee shall operate the Aircraft in accordance
with the provisions of Part 91 of the FARs and shall not operate the Aircraft in commercial
service, as a common carrier, or otherwise on a compensatory or “for hire” basis except to the
limited extent permitted under Sections 91.321 and 91.501 of the FARs, if applicable. Lessee
agrees not to operate or locate the Airframe or any Engine, or suffer the Airframe or any
Engine to be operated or located, in any area excluded from coverage by any insurance policy
in effect or required to be maintained hereunder with respect to the Airframe or Engines, or
in any war zone. Lessee agrees not to knowingly operate the Airframe or any Engine or
knowingly permit the Airframe or any Engine to be operated during the Term except in
operations for which Lessee is duly authorized, or to knowingly use or permit the Aircraft to
be used for a purpose for which the Aircraft is not designed or reasonably suitable. Lessee